Latest from Omkar Godbole
First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race
BoA researchers anticipate China's digital yuan might make a dent in the greenback’s global hegemony.
Ethereum Activity Metric Hits Highest Level in 2 Years
The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.
Cardano at One-Year High on Shelley Upgrade
The eighth-largest cryptocurrency by market value jumped to $0.1021 on Saturday to hit its highest price level since June 2019. It has rallied by a staggering 170% in the second quarter, according to CoinDesk data.
First Mover: As Bitcoiners Watch Dollar, Deutsche Bank Sees Trump Win Hurting Reserve Status
Add the U.S. presidential election to the growing list of volatility drivers as the bitcoin market enters the second half of 2020.
Bitcoin Rises in Line With Stocks After Dip Below $9K
Bitcoin’s positive correlation with stocks continues Monday, with the cryptocurrency drawing bids alongside gains in global equities.
Search for Yield Drives Ether’s Put-Call Ratio to One-Year High
Ether's put-call open interest ratio has jumped to 12-month highs. However, this increase is not necessarily a bearish signal.
Bitcoin's Price Correlation With S&P 500 Hits Record Highs
Bitcoin's correlation with the S&P 500 is somewhat erratic, but the relationship has gotten stronger. That may not be bad news.
First Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally Breaks
Bitwise suggests Bitcoin could be looking at territory well north of the previous $20,000 all-time high.
Bitcoin Still Up 27% This Year Despite Dismal June Performance
Bitcoin is still outperforming the top traditional financial assets so far in 2020 – even after a dour performance this month.
Bitcoin Facing Greater Price Volatility Than Ether in Q3, Options Market Data Suggests
Options market data suggests bitcoin could become more volatile than ether over the next three months.
